Horse Powertrain, established in 2024 as a joint venture between Renault Group and Geely, develops and manufactures hybrid and combustion engines, transmissions, and range extenders for automotive original equipment manufacturers. The company operates two divisions: Horse Technologies, based in Madrid, and Aurobay Technologies, with operations in Gothenburg and Hangzhou Bay. Its manufacturing footprint spans 18 plants and five research and development centres across Europe, Asia, and the Americas.
The company's product portfolio encompasses hybrid engines, combustion engines, transmissions, hybrid systems, and range-extender technologies. Its range-extender solutions include variants powered by hydrogen and synthetic fuels, reflecting a diversified approach to decarbonisation. This breadth of offerings positions Horse Powertrain to serve OEMs across multiple market segments and regulatory environments.
Horse Powertrain leverages combined expertise spanning 125 years of heritage from its parent companies. The company's formation reflects the view that combustion and hybrid powertrains will account for approximately half of all vehicles on the road by 2040, underpinning the strategic rationale for its creation as an independent powertrain technology leader serving global automotive customers.